3 ms·

One isn’t more real than the other. They are both numbers in an online database. In one case your assets are going down, in the other your liabilities are going

by paxys 2mo ago

One isn’t more real than the other. They are both numbers in an online database. In one case your assets are going down, in the other your liabilities are going up. The net result is the same.

cpburns2009 2mo ago
I agree with dougdude. I like debit cards better because you see the balance change immediately. The thing I dislike about credit cards is payment is deferred by a month.
- ValentineC 2mo ago
  > The thing I dislike about credit cards is payment is deferred by a month. I like this. It means that I can earn a bit more bank interest on what I've spent.
skinfaxi 2mo ago
It's a world of difference if one of them gets stolen vs the other.
- paxys 2mo ago
  In that case a credit card is actually significantly better than debit
  - skinfaxi 2mo ago
    Yes that was my point. A debit card stolen from you hits harder than some numbers in a database going down when you can't pay your rent.
caminante 2mo ago
The parent isn't explaining it well, largely because it's not rational. I think of it like alcoholics who can't be near alcohol. It's some deep seated degeneracy or fear.
- deleted 2mo ago
  [deleted]